Dice game rules: you win $21 if you roll a 1 or a 2, you win...

Question

Question

Dice game rules: you win $21 if you roll a 1 or a 2, you win $13 if you roll a 3,4,5 or 6. What should you pay to make this a fair game?

Answer 1

Answer #1

Probability distribution table

X	21	13
P(x)	1/3	2/3

For make this fair game i pay $15.67

Answer 2

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